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LG eyes revival in H2 after GST bump
Financial Express Bengaluru
|November 15, 2025
Firm eyes double-digit revenue, margin growth
CONSUMER ELECTRONICS MAJOR LG India is eyeing double-digit revenue and margin growth in the second half of FY26 on the back of better market conditions, chief sales officer Sanjay Chitkara told FE.
The company had reported muted numbers in Q2 on Thursday, prompting the stock to fall over 5% intra-day on Friday, which was its steepest drop since listing a month ago.
While the net profit declined 27% during the quarter, revenue growth was nearly flat amid GST transition issues, higher costs and deferment of purchases by consumers. Ebitda margins shrank 350 basis points to 8.9% from 12.4% reported last year.
This story is from the November 15, 2025 edition of Financial Express Bengaluru.
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